Hospitals | April 18, 2026
Marengo Asia Hospitals acquires majority stake in Sunshine Global Hospitals
Move strengthens footprint in Western India and expands multi-specialty care network
Move strengthens footprint in Western India and expands multi-specialty care network
As part of the deal, Red Nucleus also gains indirect ownership of the company’s Indian arm
Rs 66 lakh acquisition will support DNA engineering and novel cell-gene therapy alternatives to conventional chemotherapy
This strategic acquisition enables CORONA Remedies to penetrate deeper into targeted specialty and offer wider accessibility
The move leverages Novartis’ deep expertise in IgE biology and long-standing presence in allergic disease treatments
The initial consideration for the transaction is US$ 12 million
Rivotril is the innovator/ reference brand of clonazepam and is widely prescribed for the management of neurological and psychiatric conditions
Remidex manufactures micronutrient premixes and nutraceuticals,
Launches advanced bone density systems in India & Dubai
Acquisition expands Axol’s portfolio of iPSC-derived retinal organoid and retinal pigment epithelium (RPE) models
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